AGREEMENT AND PLAN OF CONSOLIDATION by and among SIERRA BANCORP, BANK OF THE SIERRA and SANTA CLARA VALLEY BANK, N.A. Dated as of July 17, 2014Consolidation Agreement • July 18th, 2014 • Sierra Bancorp • State commercial banks • California
THIS AGREEMENT AND PLAN OF CONSOLIDATION (the “Agreement”), dated as of July 17, 2014 (“Agreement Date”), is entered into by and between SIERRA BANCORP, a California Corporation ("Bancorp"), BANK OF THE SIERRA, a California corporation and wholly-owned subsidiary of Bancorp (“BOS”), and Santa Clara Valley Bank, N.A., a national banking association (“SCVE”). Bancorp, BOS, and SCVE are sometimes referred to herein collectively as the “Parties” and individually as a “Party.”
